3280 E 121st Street, Cleveland, OH 44120

Cleveland
Local realty services provided by:Better Homes and Gardens Real Estate Central
3280 E 121st Street,Cleveland, OH 44120
$142,000
  • 5 Beds
  • 2 Baths
  • - sq. ft.
  • Single family
  • Closed
Listed by: scott a marvin
Office: team results realty
MLS#:5241608
Source:OH_NORMLS

Price summary

  • Price:$142,000

About this home

ATTENTION INVESTORS: CASH COW!!! CASHFLOW FROM DAY 1 WITH SECTION 8 TENANT ALREADY IN PLACE! No need to wait 6 months to get it renovated and rented generating 100% rent from Uncle Sam. TURNKEY LISTING WITH TENANT IN PLACE! HUGEE RENTS! $1,954 per month — $23,448 annually!! Practically prints money! MASSIVE DSCR RATIO! Do the math!! Large 5-bedroom, 2-bath Cleveland rental currently generating The housing authority (CMHA) currently pays 100% of the rent, with a $0 tenant portion, providing reliable government-paid monthly income with minimal collection risk. TLocated in Cleveland’s 44120 rental corridor near Shaker Heights, Shaker Square, Buckeye–Shaker, Larchmere, University Circle, major hospitals, public transit, and downtown routes. The location benefits from stronger voucher rents associated with the surrounding Shaker-area market, while the owner still receives the advantage of lower Cleveland property taxes and no Heights POS escrow requirements. Major...

Contact an agent

contact an agent

Yes, I would like more information. Please use and/or share my information with a BHGRE®  affiliated agent to contact me about my real estate needs. By clicking Send message, I request to be contacted by phone or text message and consent to being contacted by automated means. I understand that my consent to receive calls or texts is not a condition of purchasing any property, goods, or services. Alternatively, I understand that I can access real estate services by email or I can contact the agent myself.

If a BHGRE®  affiliated agent is not available in the area where I need assistance, I agree to be contacted by a real estate agent affiliated with another brand owned or licensed by Anywhere Real Estate (CENTURY 21® , Coldwell Banker® , Corcoran® , ERA® , Sotheby's International Realty® ). I acknowledge that I have read and agree to theTerms of useandPrivacy notice

Home facts

  • Year built:1920
  • Subdivision & Development:Crawford-Woodhill
  • Listing ID #:5241608
  • Added:70 day(s) ago
  • Updated:November 12, 2026 at 07:58 AM

Rooms and interior

  • Bedrooms:5
  • Total bathrooms:2
  • Full bathrooms:2
  • Rooms Total:6
  • Kitchen Description:Range, Refrigerator
  • Basement:Yes
  • Basement Description:Full

Heating and cooling

  • Cooling:Central Air
  • Heating:Forced Air, Gas
  • Central air:Yes

Structure and exterior

  • Roof:Fiberglass, Shingle
  • Year built:1920
  • Construction Materials:Wood Siding
  • Levels:2 Story

Utilities

  • Water:Public
  • Sewer:Public Sewer

Finances and disclosures

  • Price:$142,000
  • Tax amount:$1,389 (2025)

Features and amenities

  • Appliances:Range, Refrigerator
MLS Logo

New listings near 3280 E 121st Street